Motorola Solutions, Inc. (MSI)
Information Technology · Communications Equipment · US stock · S&P 500 component
$463.15
▲ +6.76 (1.48%)
Fair valueFair
$379 −18.2% to fair value
$190fair band $265–$493$569
Day's range
$458.95 – $468.98
52-week range
$356.42 – $493.57
About Motorola Solutions, Inc.
Motorola Solutions provides communications and safety technology for public safety agencies and businesses. Its products include two-way radio systems, commonly used by police, fire and emergency medical services, plus video security cameras, access control, and software for emergency call handling and command centres. It organises its activities into a products and systems integration segment and a software and services segment, with customers in government, utilities, transport and enterprise.
The company earns money from radios and systems, then from recurring software, maintenance and managed services that customers add on top. Revenue was $12.2 billion over the last twelve months, with growth of 8.6% a year across the last three years. The operating margin is 24.9%, and the business earns a profit of 20% on the capital invested in it. Net debt is 2.5 times EBITDA. A dividend is paid, with a yield of 1.0%. On the site's X-Ray Score it receives 49 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $356.42 – $493.57Volume 1,256,771Daily, split-adjusted
Vitals
Market cap$77.4B
52-week range$356.42 – $493.57
Volume (last day)1,256,771
P/E (TTM)36.5
EBIT / EV yield3.5%
Free-cash-flow yield3.5%
Dividend yield1.0%
Revenue (TTM)$12.2B
Net income (TTM)$2.1B
Operating margin24.9%
Return on capital20.3%
Debt incl. leases$9.6B
Cash & securities$710M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$379model spread $360 – $403
Fair
−18.2% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $463
Undervalued < $265Fair $265 – $493Overvalued > $493
10-year DCF (market-scaled)
$323
Peer multiples
$465
Earnings power floor (not blended)
$93
Fundamentals-adjusted multiple
$350
Growth the price implies
19.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Valuation
Fair
53/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield3.5%
Free-cash-flow yield3.5%
Fair value vs price0.8×
Growth
Fair
54/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)8.6%
EPS growth (3y)17.2%
Growth consistency100%
Profitability
Fair
55/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital20.3%
Operating margin24.9%
Gross profitability33.1%
Financial health
Weak
27/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.5×
Interest cover6.9×
Dividends
Fair
57/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.0%
Dividends vs free cash flow30%
Dividend growth11.2%
Quarterly results: last 6 quarters
+5.8%
Mar '25
+5.2%
Jun '25
+7.8%
Sep '25
+12.3%
Dec '25
+7.4%
Apr '26
+13.3%
Jul '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.1B, diluted EPS $3.33.
Compare with peers
ANET Arista Networks, Inc.62 FFIV F5, Inc.60 CSCO Cisco Systems, Inc.44 CIEN Ciena Corp39Other Communications Equipment companies by X-Ray Score.
Fundamentals checklist
● 1 Good · ● 11 Average · ● 4 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 48/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $8.2B | $9.1B | $10.0B | $10.8B | $11.7B |
| Operating income | $1.7B | $1.7B | $2.3B | $2.7B | $3.0B |
| Net income | $1.2B | $1.4B | $1.7B | $1.6B | $2.2B |
| Operating cash flow | $1.8B | $1.8B | $2.0B | $2.4B | $2.8B |
| Operating margin | 20.4% | 18.2% | 23.0% | 24.8% | 25.6% |
| Free cash flow | $1.6B | $1.6B | $1.8B | $2.1B | $2.6B |
| Diluted EPS | $7.17 | $7.93 | $9.93 | $9.23 | $12.75 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 3 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 451.8 | Bullish |
| EMA 10 | 453.2 | Bullish |
| SMA 20 | 452.4 | Bullish |
| EMA 20 | 454.1 | Bullish |
| SMA 50 | 463.4 | Bearish |
| EMA 50 | 453.5 | Bullish |
| SMA 100 | 438.8 | Bullish |
| EMA 100 | 445.7 | Bullish |
| SMA 200 | 432.8 | Bullish |
| EMA 200 | 436.5 | Bullish |
Oscillators (daily)
| RSI (14) | 58.08 | Neutral |
| MACD (12, 26) | -1.68 | Bearish |
| Momentum (12) | 3.85 | Bullish |
| Stochastic %K (14) | 79.13 | Neutral |
| Williams %R (14) | -20.87 | Neutral |
| CCI (20) | 144.5 | Bearish |
Pivot points (classic, last session)
S3 448.4 | S2 453.7 | S1 458.4 | Pivot 463.7 | R1 468.4 | R2 473.7 | R3 478.5 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.84 USD
Yield on today's price
1.05%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 16 Sep 2026 | 1.2100 |
| 17 Jun 2026 | 1.2100 |
| 20 Mar 2026 | 1.2100 |
| 15 Dec 2025 | 1.2100 |
| 15 Sep 2025 | 1.0900 |
| 13 Jun 2025 | 1.0900 |
| 14 Mar 2025 | 1.0900 |
| 13 Dec 2024 | 1.0900 |
| 13 Sep 2024 | 0.9800 |
| 14 Jun 2024 | 0.9800 |
| 14 Mar 2024 | 0.9800 |
| 14 Dec 2023 | 0.9800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
MSI SEC filings
9 Sep 2026
8-KSEC EDGAR
Other events
17 Aug 2026
8-KSEC EDGAR
Other events
6 Aug 2026
424B5SEC EDGAR
424B5
5 Aug 2026
10-QSEC EDGAR
Quarterly report
5 Aug 2026
8-KSEC EDGAR
Results of operations
20 May 2026
8-KSEC EDGAR
Shareholder vote results
7 May 2026
10-QSEC EDGAR
Quarterly report
7 May 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.